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In keeping with its mission to empower entrepreneurs, ignite innovation and uncover new worlds, LEAP23 has launched the ground-breaking Alliance for Metaverse and Web3 Empowerment (AM3E).

The launch unites global companies and creators that are driving the next generation of digital experiences and creator economies across the metaverse, as well as the architects of Web3 technology — the economic engine set to power the evolution of the metaverse.

A year-round, global initiative intended to lead to genuine outcomes, AM3E’s core objective is to create a set of ethical, economic and technological principles that digital builders can utilize to ensure their products and services represent a fair and safe space across the digital ecosystem. With the objective of producing qualified guidelines and industry-wide best practices to drive diversity, inclusion and safety, AM3E will seek to identify, address, and resolve challenges that have spawned from the evolution and devolution of the Web2 world.

The founding AM3E working group gathering explored how a unified set of core principles can best serve creators, builders, businesses and users, defining how the world interacts with the opportunity-laden cyberspace of the 21st century.

This inaugural meeting featured His Excellency Dr. Munir M. Eldesouki, president of King Abdulaziz City for Science and Technology and chairman of the board of directors at C4IR, among other renowned futurists and innovative executives.

Michael Champion, regional EVP of MEA at Informa Markets, which is powering LEAP23 in conjunction with Saudi’s Ministry of Communications and Information Technology (MCIT), stated: “Metaverse represents an exciting, yet largely uncharted, new frontier in the potential of technology to unite people across the planet; the alliance will aim to navigate opportunities and pitfalls to create a roadmap for universally beneficial and positive creation and deployment principles across this game-changing technology. We look forward to issuing the Alliance’s first industry report later this year.”

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